October 1, 2019
By Caity Witucki
Contributing Editor, SBA Hot Topic Tuesday
SBA Hot Topic Tuesday — President Signs Continuing Resolution For SBA Funding
Last Friday, the President signed a seven-week continuing resolution bill which will ensure that the SBA will remain open through November 21, 2019. The continuing resolution will provide lawmakers with more time to negotiate over several full-year appropriations bills. Until full-year appropriations are passed the continuing resolution will keep agency funding consistent with 2019 levels.
“A continuing resolution is better than a shutdown, but federal employees and their agencies need regular full-year appropriations to provide some stability to their budgeting and adequate funding increases to meet new challenges,” the President of the National Treasury Employees Union told Federal News Network.
“As we close out this month, we must acknowledge the progress we have made, while also recognizing that we still have a long way to go in fulfilling our duty to fund the government,” says Senate Appropriations Committee Chairman Richard Shelby. “Ultimately, the factors determining our success in fulfilling that obligation will have to be decided through bicameral, bipartisan negotiations — not by the Senate alone. I believe we must find a way to work together to produce the outcome the American people expect of us — what they deserve from us, which is to fund the government in a deliberate and bipartisan manner. I encourage my colleagues on both sides to set aside partisan politics so we can get the job done sooner rather than later.”